SOLAR PANELS BRUSSELS

Active

Private limited companyfounded 2014active for 12 yearsPoortakkerstraat 25, 9051 Gent, Belgium10 active companies are registered at this addressKBO/BCE: BE 0560.859.443

Summary

SOLAR PANELS BRUSSELS has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €158,192 and a net result of €14,248. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 95% of 35 sector peers (NACE 35, financial year 2026). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow Report Compare

SOLAR PANELS BRUSSELSActiveChecked score 70/100

Risk analysis Report Compare

Activity

Production of electricity from non-renewable sources

NACE 35110

1 site

Size

€169,131total assets 2026

Equity: €158,192
Profit: €14,248

Turnover not published (abbreviated format)

Financial health

70 Healthy Checked score 2026

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

Parent: ENECO SOLAR BELGIUM · 100%

Auditor: Deloitte bedrijfsrevisoren CVBAAccounts 29 days early4 of 12 deeds read

Why 70raises riskLiquidity: current ratio 15.461 of the last 3 lateSize: total assets €169,131lowers riskFounded in 2014Show the evidence

Checked score

Score 2026

70 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 82% of its sector peers (NACE 35, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Strong

Solvency 100=

equity 93.5% of total assets

Liquidity 100=

short-term debt 6.5%

Profitability 79+22

return on assets 8.4%

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (541 companies, NACE 35, micro)

Last 24 months 11-2024: 0.4% 12-2024: 0.5%▲ +0.1 percentage points vs 11-2024 01-2025: 0.1%▼ -0.4 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.8 percentage points vs 09-2026highest value

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity ample (current ratio 15.46, compared with 20.55 in 2025, above the usual 1.5; short-term debt: 6.5% of total assets), and 6.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, micro): better than 88% on solvency, 96% on liquidity, 76% on profitability and 70% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 15.46

NBB · annual accounts

1 of the last 3 late

NBB · filings

Founded in 2014

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €169,131

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Growing equity

Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.

NBB · annual accounts 2026

Equity per financial year

1819202123242526

2018 to 2026 · latest year €158,192

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-10-2026, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

29 days early

2025

16 days early

2024

33 days late

2023

13 days early

2021

23 days early

2020

22 days early

2019

192 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 17 October (3 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-10-2026 Annual accounts filedfinancial year 2026 · abbreviated…
01-10-2026 Permanent representatives: Sofian Milad and Gert…Gazette deed
11-09-2026 Restructuring · MiscellaneousMerger · Shareholding · Power…

Key points

Positive: Among the best 6% on solvencysector median 42.4% · 35 companies 93.5% View
Controlled by ENECO SOLAR BELGIUMultimately: Eneco Solar BV 100% View
Total assets 20266 financial years filed €169,131 View

By topic

Financials

Financial year: 2026
Total assets: €169,131
Profit: €14,248
Solvency: 93.5%

Turnover▲ 17.1%

Net result

20182020

Go to Financials

Board & ownership

Parent: ENECO SOLAR BELGIUM · 100%
Auditor: Deloitte bedrijfsrevisoren CVBA

Go to Board & ownership

Network & group

Group: Eneco Solar BV
Mergers and asset contributions: 1

Go to Network & group

Timeline

Events: 20
Since: 2016
Next accounts: by 31-10-2027

31-03-2026Highest result from 2018 to 2026
31-03-2026Equity above €150,000
15-10-2025Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Production of electricity from non-renewable sourcesNACE 35110
Founded: 28-08-2014
Year ends: 31-03
Peppol: No longer on Peppol

Go to Company details

Articles of association

Provisions read: 2

Purpose: “Ontwikkeling, studie, engineering, realisatie, exploitatie en commercialisatie van…” (deed in Dutch)

Go to Articles of association

Key facts about SOLAR PANELS BRUSSELS

What is the company number of SOLAR PANELS BRUSSELS?: 0560.859.443. In Belgium the VAT number is the company number with BE in front: BE 0560.859.443.
Where is SOLAR PANELS BRUSSELS based?: The registered office is at Poortakkerstraat 25, 9051 Gent.Company details
What does SOLAR PANELS BRUSSELS do?: According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
What is the legal form of SOLAR PANELS BRUSSELS?: Private limited company (BV).
When was SOLAR PANELS BRUSSELS founded?: On 28-08-2014.
Is SOLAR PANELS BRUSSELS still active?: Yes, SOLAR PANELS BRUSSELS is an active enterprise in the KBO register.
What is the turnover of SOLAR PANELS BRUSSELS?: €69,221 in financial year 2020, according to the filed annual accounts.Financials
Is SOLAR PANELS BRUSSELS profitable?: In financial year 2026, SOLAR PANELS BRUSSELS made a profit of €14,248.
Where can I find the annual accounts of SOLAR PANELS BRUSSELS?: SOLAR PANELS BRUSSELS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of SOLAR PANELS BRUSSELS due?: By 31-10-2027, for financial year 2027.Timeline